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County Overview

Chaves County, NM

Aggregate real estate market report across county ZIPs
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The Chaves County, NM real estate market currently shows 254 active listings, with 76 pending sales. Homes are averaging 63 days on the market before going under contract.

Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.

The median listing price has fallen 12.7% year-over-year, from $275,000 to $240,000.

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Market Context

Market Context

Population: 65,881  ·  Density: 6.9/mi²  ·  Median household income: $50,653

Typical home value: $140,156  ·  Homeownership: 67.8%

Included Areas

Roswell: 88201, 88202, 88203

Dexter: 88230

Hagerman: 88232

Hope: 88250

Lake Arthur: 88253

Mayhill: 88339

Area Map

Market Overview

Active Listings
254
⇧ 8.5% vs 234 last year
Pending
76
30% pending ratio
Median Price
$240,000
⇩ 12.7% vs $275,000 last year
Average Price
$342,465
⇧ 8.6% vs $315,446 last year
Days on Market
63
— vs 63 days last year

Price Per Square Foot

Median $/sqft
$144
⇧ 2.1% vs $141/sqft last year
Median Home Size
1,817 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.8%
Listings with no price change
Price Reduced
0.2%
⇧ 24.2% vs 0.1% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %